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Companies team for technologies
NEW YORK, Sept. 26 (UPI) -- The European Union's antitrust commissioner has decided to evaluate mergers as her U.S. counterparts do -- checking how consumers will be affected.
Neelie Kroes said the EU wouldn't keep standing in the way of companies that dominate their markets just because competitors may be damaged, the Wall Street Journal reported Monday.
Kroes, in a New York speech, said the EU's emerging standard was whether consumers would be damaged, an approach that meshes with the United States but contrasts with standards used by her predecessor, Mario Monti.
"I like aggressive competition, including by dominant companies," Kroes said. "I don't care if it may hurt competitors, as long as it ultimately benefits consumers."
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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AVONDALE, La., May 23 (UPI) --
The seventh amphibious transport dock being built by Huntington Ingalls Industries for the U.S. Navy has completed builder sea trials.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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